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Showing 121 - 130 of 8928 results for "Economics"

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships, cost savings afforded by the scale of ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
Accelerating wages growth and higher than expected inflation would perhaps indicate an increase is justified, however, the economic hardships faced by Australians is intensifying. According to an economic misery index by the University of Melbourne ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
Local businesses are poised to reap from the Australia's free trade agreement (FTA) with the United Kingdom which came into effect on May 31. Some 99% of Australian products will enter the UK duty free thanks to the deal that was signed on 17 December ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed the ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that the central bank is confident inflation will come back to around 3% by mid-2025. "By June next ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... States House and Senate. "I strongly urge both chambers to pass that agreement," he concluded. UNSW Business School of Economics associate professor Mark Humphrey-Jenner told Financial Standard the decision is a step in the right direction. "One of the ...